To: Local Media

Date: 9/5/08

Re: Tax Rates

PRESS RELEASE


Tax Rates Set as Projected

Tax rates for the nine towns that comprise the Honeoye Falls – Lima School District were set by the HF-L Board of Education on August 12.  Tax rates decreased by –3.00% in Mendon, Henrietta and Rush and increased in Lima, Avon and Victor by 0.45%.  Tax rates in Livonia and Richmond increased 5.05% and tax rates in West Bloomfield increased 4.02% due to the reduction in equalization rates in those towns. Overall tax rates decreased from $21.33 to $20.69 per $1,000 of assessed value in Mendon, a decrease of $0.64, and increased from $22.16 to $22.26 per $1,000 of assessed value in Lima, an increase of $0.10. 

The Board sets the actual tax rate each August, when three figures are determined:
 Total property tax values (from the nine towns that comprise the District)
 School aid figures (from New York State)
 Equalization rates (from New York State)

Although the tax rates are decreasing in some towns, property owners may see an increase in their tax bills due to town reassessment of their property.

The rates for each of our towns are as follows:

TOWN                2007-08  ACTUAL RATE    2008-09 ACTUAL RATE   CHANGE IN TAX RATE    PERCENT CHANGE
MENDON             $21.33                            $20.69                          -$0.64                          -3.00%
HENRIETTA         $21.33                            $20.69                          -$0.64                          -3.00%
RUSH                 $21.33                            $20.69                          -$0.64                          -3.00%
LIMA                  $22.16                            $22.26                           $0.10                            0.45%
AVON                 $22.16                            $22.26                           $0.10                            0.45%
LIVONIA             $22.16                            $23.28                           $1.12                            5.05%
W.BLOOMFIELD   $22.16                            $23.02                           $0.86                            3.88%
RICHMOND         $22.16                            $23.28                           $1.12                            5.05%
VICTOR              $22.16                            $22.26                           $0.10                            0.45%


Questions regarding tax rates should be directed to Ed Johnson, Director of Finance and Operations, at 624-7020.